N.J.S.A. 40:60-25.9 — Other property may also be purchased

40:60-25.9. Other property may also be purchased In order to effect the purchase of the tax exempt property and, with the owner's consent, the extinguishment in perpetuity of the owner's privilege of exemption from local taxation as provided in section one of this act, any municipality purchasing such tax exempt property may also purchase other property of the owner of the tax exempt property whether such other property is located within or without the municipality. L.1944, c. 206, p. 730, s. 3, eff. April 21, 1944.

This is the verbatim text of N.J.S.A. 40:60-25.9, retrieved from the New Jersey Legislature's public statute corpus. Statutes are amended periodically — for the most current version, check the external source link above. Kyzer is not a law firm and this page is not legal advice.